cental bank of nigeria

Nigeria’s total domestic debt stock increased by 10.38 per cent to hit N13.41 trillion in the first six months of this year. That is from N12.15 trillion in the corresponding period of 2018, the Central Bank of Nigeria (CBN) has said. The apex bank, which disclosed this in its … Read more...

The Central Bank of Nigeria (CBN) on Tuesday rejected suggestions by the Peoples Democratic Party (PDP) flagbearer in the 2019 presidential elections, Atiku Abubakar, he would jettison the current monetary policy to stabilise the market and strengthen the economy, once elected into office...

Following the approval by the National Economic Council for a fresh cash injection of $650m (N198.25 billion) into the Nigerian Sovereign Investment Authority (NSIA), managers of the Sovereign Wealth Fund (SWF), Nigeria’s savings in the fund since its establishment … Read more via...

Micro finance banks’ operators have commended the new Anti Money Laundering/Counter Financing Terrorism (AML/CFT) sanction regime saying it will enhance public confidence in the banking system. Two weeks ago, the CBN rolled out a new AML/CFT sanction regime which stipulates fines against...